Westlake Corp Q2 2024 10-Q Filing

Ticker: WLK · Form: 10-Q · Filed: 2024-08-09T00:00:00.000Z

Sentiment: neutral

Topics: 10-Q, chemicals, financials

TL;DR

**WESTLAKE CORP Q2 2024 10-Q FILED - FINANCIALS OUT**

AI Summary

Westlake Corp filed its 10-Q for the period ending June 30, 2024. The filing details financial performance and operational updates for the second quarter of 2024. Key financial data and segment information are presented, reflecting the company's activities in the industrial organic chemicals sector.

Why It Matters

This filing provides investors with a detailed look at Westlake Corp's financial health and operational performance during the second quarter of 2024, impacting investment decisions.

Risk Assessment

Risk Level: medium — The company operates in the cyclical chemicals industry, which is subject to market fluctuations and economic conditions.

Key Numbers

Key Players & Entities

FAQ

What is the primary business of Westlake Corp?

Westlake Corp is primarily involved in the INDUSTRIAL ORGANIC CHEMICALS sector, as indicated by its SIC code [2860].

What is the reporting period for this 10-Q filing?

The reporting period for this 10-Q filing is the quarter ending on June 30, 2024.

When was this 10-Q filed with the SEC?

This 10-Q was filed on August 9, 2024.

What is the company's fiscal year end?

Westlake Corp's fiscal year ends on December 31.

What is the company's principal business address?

The company's principal business address is 2801 POST OAK BLVD, SUITE 600, HOUSTON, TX 77056.

From the Filing

0001262823-24-000045.txt : 20240809 0001262823-24-000045.hdr.sgml : 20240809 20240809123017 ACCESSION NUMBER: 0001262823-24-000045 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 78 CONFORMED PERIOD OF REPORT: 20240630 FILED AS OF DATE: 20240809 DATE AS OF CHANGE: 20240809 FILER: COMPANY DATA: COMPANY CONFORMED NAME: WESTLAKE CORP CENTRAL INDEX KEY: 0001262823 STANDARD INDUSTRIAL CLASSIFICATION: INDUSTRIAL ORGANIC CHEMICALS [2860] ORGANIZATION NAME: 08 Industrial Applications and Services IRS NUMBER: 760346924 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 001-32260 FILM NUMBER: 241191479 BUSINESS ADDRESS: STREET 1: 2801 POST OAK BLVD STREET 2: SUITE 600 CITY: HOUSTON STATE: TX ZIP: 77056 BUSINESS PHONE: 713-960-9111 MAIL ADDRESS: STREET 1: 2801 POST OAK BLVD STREET 2: SUITE 600 CITY: HOUSTON STATE: TX ZIP: 77056 FORMER COMPANY: FORMER CONFORMED NAME: WESTLAKE CHEMICAL CORP DATE OF NAME CHANGE: 20030908 10-Q 1 wlk-20240630.htm 10-Q wlk-20240630 false 2024 Q2 0001262823 --12-31 xbrli:shares iso4217:USD iso4217:USD xbrli:shares xbrli:pure iso4217:EUR iso4217:BRL wlk:Segment wlk:employee 0001262823 2024-01-01 2024-06-30 0001262823 us-gaap:CommonStockMember 2024-01-01 2024-06-30 0001262823 wlk:OnePointSixTwoFivePercentageSeniorNotesDueTwentyTwentyNineMember 2024-01-01 2024-06-30 0001262823 2024-07-30 0001262823 2024-06-30 0001262823 2023-12-31 0001262823 us-gaap:CommonStockMember 2024-06-30 0001262823 us-gaap:CommonStockMember 2023-12-31 0001262823 us-gaap:TreasuryStockCommonMember 2024-06-30 0001262823 us-gaap:TreasuryStockCommonMember 2023-12-31 0001262823 2024-04-01 2024-06-30 0001262823 2023-04-01 2023-06-30 0001262823 2023-01-01 2023-06-30 0001262823 us-gaap:AdditionalPaidInCapitalMember 2023-12-31 0001262823 us-gaap:RetainedEarningsMember 2023-12-31 0001262823 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-12-31 0001262823 us-gaap:NoncontrollingInterestMember 2023-12-31 0001262823 us-gaap:RetainedEarningsMember 2024-01-01 2024-03-31 0001262823 us-gaap:NoncontrollingInterestMember 2024-01-01 2024-03-31 0001262823 2024-01-01 2024-03-31 0001262823 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-01-01 2024-03-31 0001262823 us-gaap:TreasuryStockCommonMember 2024-01-01 2024-03-31 0001262823 us-gaap:AdditionalPaidInCapitalMember 2024-01-01 2024-03-31 0001262823 us-gaap:CommonStockMember 2024-03-31 0001262823 us-gaap:TreasuryStockCommonMember 2024-03-31 0001262823 us-gaap:AdditionalPaidInCapitalMember 2024-03-31 0001262823 us-gaap:RetainedEarningsMember 2024-03-31 0001262823 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-03-31 0001262823 us-gaap:NoncontrollingInterestMember 2024-03-31 0001262823 2024-03-31 0001262823 us-gaap:RetainedEarningsMember 2024-04-01 2024-06-30 0001262823 us-gaap:NoncontrollingInterestMember 2024-04-01 2024-06-30 0001262823 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-04-01 2024-06-30 0001262823 us-gaap:TreasuryStockCommonMember 2024-04-01 2024-06-30 0001262823 us-gaap:AdditionalPaidInCapitalMember 2024-04-01 2024-06-30 0001262823 us-gaap:AdditionalPaidInCapitalMember 2024-06-30 0001262823 us-gaap:RetainedEarningsMember 2024-06-30 0001262823 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-06-30 0001262823 us-gaap:NoncontrollingInterestMember 2024-06-30 0001262823 us-gaap:CommonStockMember 2022-12-31 0001262823 us-gaap:TreasuryStockCommonMember 2022-12-31 0001262823 us-gaap:AdditionalPaidInCapitalMember 2022-12-31 0001262823 us-gaap:RetainedEarningsMember 2022-12-31 0001262823 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2022-12-31 0001262823 us-gaap:NoncontrollingInterestMember 2022-12-31 0001262823 2022-12-31 0001262823 us-gaap:RetainedEarningsMember 2023-01-01 2023-03-31 0001262823 us-gaap:NoncontrollingInterestMember 2023-01-01 2023-03-31 0001262823 2023-01-01 2023-03-31 0001262823 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-01-01 2023-03-31 0001262823 us-gaap:TreasuryStockCom

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